merger dead in the water, page-7

Doodlebugger,

Agree, lets hope they get back focussed on operating the company, not feeding boardroom ego's.

I see much more synergy for NXS. Using PRRT credits, tax losses better. Also otherwise any BMG extension into NXS permit stranded for a decade plus, gas development synergies perhaps etc etc. Plus of course BMG gets a real operator.

For ARQ it didn't make sense to me, perhaps Eric saw hidden value?

Much happier with my small ARQ parcel now. As you say decent leverage to some interesting appraisal offshore Perth basin.

EL